Stock Technical indicators to notice in Rocky Brands (RCKY)
1- Last bullish trend was from 13.37 $ (4/10/2012) to 14.30 $ (4/27/2012) a 0.93 $ move 2- The current bearish trend started from 14.30 $ at 4/27/2012 and is currently trading at 12.69 $.
Rocky Brands (RCKY) Short term stock chart patterns for internet stock trading :
4- The Stock was supported by a support line, identified by two points: 13.370 and 11.430 that was broken down at 13.410 transforming into a resistance line.
Rocky Brands (RCKY) Mid term stock chart patterns for internet stock trading :
5- The Stock was supported by a support line, identified by two points: 11.430 and 11.260, and is currently supporting at 12.018.
Rocky Brands (RCKY) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
Rocky Brands (RCKY) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .
Stock Resistance Levels : 13.07, 13.31, 13.49, 13.68, 14.30, 15.07.
Stock Support levels : 12.02.
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